Federal Court of Australia
CATCHWORDS
Broadcasting and Television - reference of questions of law by Australian Broadcasting Tribunal under Broadcasting and Television Act 1942 - prohibition in Act on a foreign person being in a position to exercise control of a licensee company - whether premiums paid on issue of shares are amounts "paid on the shares" within the meaning of s.91(3)(b) - whether the "amount paid on shares" is the amount of the nominal value of the shares - whether "being in a position to exercise control" 1s defined exhaustively by ss. 90E and 92B - effect of deeming provisions - whether de facto control by other means is included - whether test for the existence.of control of a company includes not only control of general meeting but also control of the board of directors - whether power of veto constitutes control - what constitutes presently existing right to control.
Broadcasting and Television Act 1942: ss. 90, 91, 92A, 92B, 92D Acts Interpretation Act 1901: ss.15AA, 15AB.
IN THE MATTER of a reference to the Federal Court of Australia by the Australian Broadcasting Tribunal pursuant to Section 22B of the Broadcasting and Television Act 1942 in relation to applications to the Australian Broadcasting Tricunal for approval of transactions relating to the ownership and control of radio and television licences by The News Corporation Limited, Network Ten Holdings Limited and Others.
'
No. G342 of 1986 "0 .
CORAM: Bowen C.J., Lockhart and Beaumont,JJ.
20 January 1987.
Sydney
IN THE FEDERAL COURT OF AUSTRALIA
) ) NEW SOUTH WALES DISTRICT REGISTRY ) No. G342 of 1986 ) )
GENERAL DIVISION
COURT:
PLACE:
DATE:
IN THE MATTER of a reference to the Federal Court of Australia by the Australian Broadcasting Tribunal pursuant to Section 22B of the Broadcasting and Television Act 1942 in relation to applications to the Australian Broadcasting Tribunal for approval of transactions relating to the ownership and control of radio and television licences by The News Corporation Limited, Network Ten Holdings Limited and others.
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate